Asset Quality Score
Bankrate uses this test to determine the effect of problem assets, such as unpaid mortgages, on the credit union's loan loss reserves and overall capitalization.
Having a large number of these kinds of assets means a credit union may have to use capital to absorb losses, decreasing its equity buffer. Many of those assets are also likely to be in non-accrual status and thus aren't earning money, reducing earnings and increasing the risk of a future failure.
On Bankrate's asset quality test, ORLEANS PARISH CRIMINAL SHERIFF'S scored 40 out of a possible 40 points, beating out the national average of 38.09 points.
Troubled assets made up 0.00 percent of ORLEANS PARISH CRIMINAL SHERIFF'S's total assets in our test, less than the national average and potentially indicative of superior financial strength compared to other credit unions.